How do we profit from the CBDC or the FedNow stuff. The big question is when we cross over to digial


currency will our cash in the bank be done at 1 for 1 or should we be fully invested in assets so when the new currency comes out it will be valued in the new currency.

That is the big debate. I have a friend that bought raw land and heavy equipment to store the value of his cash. Not sure that was a good thing, but it can't be taken away from him and it will always have value moving forward. I personally would lean more towards hard assets as well, not sure heavy equipment is a good store. Gold, silver, precious stones, art, guns and ammo, collectables all seem a better store than heavy equipment. When I think about how much cash he has in them it blows my mind away.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *